Renew Minority Interest from 2010 to 2024

RNW Stock  USD 5.63  0.14  2.55%   
Renew Energy Minority Interest yearly trend continues to be fairly stable with very little volatility. Minority Interest is likely to outpace its year average in 2024. During the period from 2010 to 2024, Renew Energy Minority Interest regression line of quarterly data had mean square error of 1299760 T and geometric mean of  2,138,093,079. View All Fundamentals
 
Minority Interest  
First Reported
2010-12-31
Previous Quarter
-743 M
Current Value
-705.9 M
Quarterly Volatility
1.7 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Renew Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Renew Energy's main balance sheet or income statement drivers, such as Interest Expense of 35.5 B, Other Operating Expenses of 17 B or EBIT of 35.5 B, as well as many indicators such as Price To Sales Ratio of 2.14, Dividend Yield of 0.063 or PTB Ratio of 1.65. Renew financial statements analysis is a perfect complement when working with Renew Energy Valuation or Volatility modules.
  
Check out the analysis of Renew Energy Correlation against competitors.

Latest Renew Energy's Minority Interest Growth Pattern

Below is the plot of the Minority Interest of Renew Energy Global over the last few years. Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Renew Energy Global whose combined shares represent less than 50% of the total outstanding shares issued by Renew Energy have a minority interest in Renew Energy. It is Renew Energy's Minority Interest historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Renew Energy's overall financial position and show how it may be relating to other accounts over time.
Minority Interest10 Years Trend
Slightly volatile
   Minority Interest   
       Timeline  

Renew Minority Interest Regression Statistics

Arithmetic Mean2,515,543,333
Geometric Mean2,138,093,079
Coefficient Of Variation66.75
Mean Deviation1,368,003,111
Median3,414,000,000
Standard Deviation1,679,019,044
Sample Variance2819104.9T
Range5.1B
R-Value(0.76)
Mean Square Error1299760T
R-Squared0.57
Significance0
Slope(283,917,679)
Total Sum of Squares39467469.3T

Renew Minority Interest History

2024-705.9 M
2023-743 M
2022212 M
2021B
20202.7 B
20194.3 B
20183.6 B

About Renew Energy Financial Statements

Renew Energy investors use historical fundamental indicators, such as Renew Energy's Minority Interest, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Renew Energy. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Minority Interest-743 M-705.9 M

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Additional Tools for Renew Stock Analysis

When running Renew Energy's price analysis, check to measure Renew Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Renew Energy is operating at the current time. Most of Renew Energy's value examination focuses on studying past and present price action to predict the probability of Renew Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Renew Energy's price. Additionally, you may evaluate how the addition of Renew Energy to your portfolios can decrease your overall portfolio volatility.